Impact of COVID-19 on Business and the Supply Chain
First written in FY2020. 5 of 13 entries say "Restated". Latest entry: FY2025.
Delsole moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In addition, the spread of diseases such as COVID-19 could significantly affect the Company's performance through sluggish consumption, disruption to domestic and overseas supply chains, disruptions to production and sales activities caused by infections among employees and business partners, and changes in market trends and lifestyles.」
The filing continues to identify the impact of infectious diseases on consumption, supply chains, production and sales activities, and lifestyles as risks. - FY2024-Q3MitigatedAnnual report
「The economy is gradually recovering as economic activity normalizes following the reclassification of COVID-19 to Category 5.」
The filing states that the impact of COVID-19 on economic activity has become relatively limited as normalization has progressed following its reclassification to Category 5. - FY2024-Q1MitigatedAnnual report
「During the cumulative first-quarter period, the Japanese economy began moving toward normalization as the impact of COVID-19 became limited.」
The filing states that the impact of COVID-19 on the economy had become limited and that the economy had begun moving toward normalization. - FY2023RestatedAnnual report
「In addition, the spread of diseases such as COVID-19 could significantly affect the Company's performance through sluggish consumption, disruption to domestic and overseas supply chains, disruptions to production and sales activities caused by infections among employees and business partners, and changes in market trends and lifestyles.」
The filing continues to identify the impact of infectious diseases on consumption, supply chains, production and sales activities, and lifestyles as risks. - FY2023-Q3WorsenedAnnual report
「In the food service business, customer traffic had been recovering as the seventh wave of COVID-19 infections subsided in September. However, the spread of infections in the eighth wave caused customer traffic to decline again, and customer traffic across the food service industry as a whole has still not recovered to 2019 levels.」
The filing states that customer traffic had begun to recover after the seventh wave subsided but declined again during the eighth wave, and that customer traffic across the food service industry has not recovered to 2019 levels. - FY2023-Q2RestatedAnnual report
「The timing of the containment of COVID-19 remains uncertain, the operating environment is becoming increasingly challenging, and uncertainty about the outlook has continued to grow.」
The filing continues to state that the timing of COVID-19 containment remains uncertain and that its impact on the business environment has been prolonged. - FY2023-Q1RestatedAnnual report
「The timing of the containment of COVID-19 remains uncertain, the operating environment is becoming increasingly challenging, and uncertainty about the outlook has continued to grow.」
The filing continues to state that the timing of COVID-19 containment remains uncertain and that its impact on the business environment has been prolonged. - FY2022-Q3MitigatedAnnual report
「In the food service business, sales remained substantially below pre-COVID-19 levels as stores were forced to reduce operating hours or close temporarily and restrictions on serving alcoholic beverages reduced customer traffic. However, the use of subsidy programs provided by local governments helped improve the operating environment. In addition, sales showed signs of recovery after requests to reduce operating hours were lifted in October last year in 5 prefectures, including Tokyo.」
Although sales in the food service business continued to decline due to the infectious disease, the filing describes improvements in the operating environment and signs of sales recovery resulting from the use of local government subsidy programs and the lifting of requests to reduce operating hours in 5 prefectures. - FY2022-Q2RestatedAnnual report
「In the food service business, stores were forced to reduce operating hours or close temporarily, and sales remained substantially below pre-COVID-19 levels as restrictions on serving alcoholic beverages reduced customer traffic.」
The impact of the infectious disease on the food service business, including reduced operating hours, temporary closures, and restrictions on serving alcoholic beverages, has continued. - FY2022-Q1WorsenedAnnual report
「In the food service business, many stores were again forced to reduce operating hours or close temporarily following the reissuance of the state of emergency in April. As customers stayed away due to restrictions on serving alcoholic beverages, sales remained substantially below pre-COVID-19 levels.」
The filing describes the reissuance of the state of emergency, reduced operating hours and temporary closures, and lower customer traffic due to restrictions on serving alcoholic beverages, indicating that the impact of the infectious disease on the food service business has continued. - FY2021-Q3WorsenedAnnual report
「In the food service business, the impact on operations has been substantial due to the spread of COVID-19, including requests to refrain from going out, temporary closures and reduced operating hours in response to requests for business closures, and the loss of inbound demand. Although the business had been showing a gradual recovery after the state of emergency was lifted last year, infections have continued to resurge intermittently and the timing of containment remains uncertain. As people continue to refrain from going out and dining out and avoid dining in large groups, the operating environment remains extremely challenging.」
The filing describes requests to refrain from going out, temporary closures, reduced operating hours, and the loss of inbound demand, as well as continued resurgent infections and avoidance of group dining, indicating that the impact on the food service business has been prolonged. - FY2021-Q1WorsenedAnnual report
「In the food and food service industries, sales competition is intensifying in a market where consumers remain strongly oriented toward saving, while profits are squeezed by rising labor and logistics costs amid labor shortages and work-style reforms. The industries have been severely affected by the novel coronavirus disease. The operating environment is extremely difficult, and the outlook remains highly uncertain amid concerns about a second wave.」
The filing states that COVID-19 has had a severe impact on the food and food service industries, with concerns over a potential second wave and an extremely uncertain outlook continuing. - FY2020MaterialisedAnnual report
「In addition, the spread of infectious diseases such as COVID-19 could significantly affect the Company's performance through sluggish consumption, disruption to domestic and overseas supply chains, disruptions to production and sales activities caused by infections among employees and business partners, and changes in lifestyles.」
For COVID-19, the filing identifies sluggish consumption, supply chain disruption, infections among employees and business partners, disruptions to production and sales activities, and changes in lifestyles as risks. It also describes the actual impact on the food service business, including reduced store visits and the closure of commercial facilities.